BILLIONAIRE conservative businessman Sebastian Pinera, who defeated incumbent Socialist Party member Michelle Bachelet in November’s election for Chile’s presidency, took office on Sunday vowing to revive the economy.
In his previous presidential stint from 2010 to 2014, the economy benefited from rising international prices for Chile’s chief export, copper, and a huge rebuilding programme following a magnitude 8.8 earthquake that hit just before he took office.
A slump in copper prices helped sour Ms Bachelet’s second round as president, with the economy slipping badly in 2014 and 2015.
Mr Pinera called for a national consensus on protecting tens of thousands of young people who live in state-run homes or related institutions, 865 of whom have died in the past decade.
He also urged improvements in healthcare and progress in La Araucania, where many of the 700,000 members of the indigenous Mapuche community live in deep poverty and activists are fighting to recover ancestral lands.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.